According to Fitch Ratings, the field was a "chronically underperforming products segment."Fitch Ratings has revealed that the market for commercial auto insurance as a whole have not only experienced a loss of leadership last year, but also that this is the fifth consecutive year that happened.Fitch also said that the market P & C for the third consecutive year of underwriting profit considerably.Auto insurance market to trade the United States has become a "chronically underperforming product segment" for insurers, said Fitch. The damage told has even accelerated. Fitch, analysts shows, from 2011 to 2015 the rate combined for 106 average area. However, the most recent year that the coordinated rate increased to 109.Fitch Ratings Director, James W. H. Auden, explained that "the poor performance is a reflection of the price too aggressively ahead of automated trading and a prolonged stage in the required high severity, especially in relation to the claim of the body injured."CIAB has noted that in the 4th quarter 2015 and 2016 in Q1, there was slight increase in rates of commercial auto insurance.
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